Working at JG Wentworth | Glassdoor

JG Wentworth Overview

Chesterbrook, PA
501 to 1000 employees
1992
Company - Public (JGWE)
Finance
$100 to $500 million (USD) per year
For more than 20 years, J.G. Wentworth has provided customers with affordable, flexible options to respond to life’s changing needs.

At the outset, we purchased future payments from structured settlements that resolved personal injury claims. Later ... Read more

Mission: In September, 2015, J.G. Wentworth proudly announced our partnership and journey with Cristo Rey— a national network of college preparatory schools for inner-city students.

The school’s mission and philosophy is a natural fit for J.G ... Read more

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JG Wentworth – Why Work For Us?


We help individuals who need cash by purchasing their annuity or structured settlement payments. Our customers use the funds we provide to start businesses, buy new homes, go back to school, or get a car. 

If you like helping people, and want to work in a dynamic, results-oriented environment, J.G. Wentworth may offer just the right career opportunity for you!

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J.G. Wentworth is the leader in converting structured settlements and annuities into lump sum payouts.  

And the opportunity is huge. There are approximately $500 billion of structured settlements in force, and the investment annuity market is even larger with trillions of dollars in assets backing investment annuities in the United States.

In addition to capitalizing on these markets, J.G. Wentworth associates can gain access to exciting new opportunities as the company expands into other areas.

“Very good company, everyone I dealt with was professional and courteous.” 

Wayne W., Pascagoula, MS

“One of the interesting aspects of this transaction was because the settlement was so old, it was hard to get information. The insurance company was not cooperative. If I went with someone else, the deal would not have gotten done. No one else would have gone to the lengths that [my J.G. Wentworth rep] Derek did.” 

David H., Michigan

“If anyone wanted to do this [sell payments] I would tell them to go with J.G. Wentworth. It was a great experience.”

Raven B., Texas

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“I would go straight back to J.G. and [my rep] Stephanie if I was going to do another transaction.

Brandi C, Arizona

 

 

“Just wanted to say THANK YOU once again for the AWESOME CUSTOMER SERVICE & EXPERTISE you displayed throughout the entire handling of my case with J.G. Wentworth!  The funds have been successfully deposited into my BANK ACCOUNT now, and I am now able to afford to purchase our brand new home mortgage free, which is AMAZING!” 

Landry H., Fredericksburg, VA

The most important asset at J.G. Wentworth is the company's talented, energetic employees.  We have plenty of veterans with more than 15 years of experience at the company.  And we have plenty of recent graduates, who see J.G. Wentworth as the right place to launch their career.  

 

Matt Says It's All About The Customers


Matt U. has mentored some of the company's top producers.  "When our younger reps come in, all they want to do is to close deals.  I tell them, 'find a solution to the customer's problem first, and the closing will follow naturally." 

Chukwuma O. Likes The Focus on Success


I like being able to interact with different groups of people who have similar goals and want to be successful. This makes it very enjoyable to come to work everyday. Also, getting paid never hurt either.”

Robert Y. Enjoys The Energy on the Sales Floor


I enjoy working in sales because everything is always going at a fast pace, which makes the day go by very quickly.

JGW Launches Employee Wellness Program

undefinedJGWPT Holdings, LLC has engaged WellNow, LLC to help employees manage and improve their health. WellNow is an employee health management company with a proven track record of helping companies enhance the health of their employees, reduce healthcare costs and improve their bottom lines.
  


According to Vice President of Human Resources, Mike A., the WellNow program consists of a health risk assessment, on-site health screenings, and ongoing health coaching.

He added, “The program provides our employees access to tools and resources that help them understand and directly address current and/or future health risks, or set and achieve personal health objectives. Whether you are looking to increase your energy, reduce stress, lose weight, improve your cholesterol, boost your immune system and sleep better at night, this program is for you!”  


 

JGWPT Holdings Completes $175 Million Asset Backed Deal

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The holding company for the J.G. Wentworth and Peachtree Financial Solutions companies, completed a $175 million offering of notes backed a pool of structured settlement purchase contracts, lottery purchase contracts and annuity contracts.

"This represents the 36th securitization for JGWPT and its predecessors, and like our earlier transaction this year, it included lottery receivables, which we will continue to utilize in future deals," said Stefano S., JGWPT's Chief Investment Officer. "The current market volatility and uncertainty around future rate movements continued to underline the attractiveness of our asset class to institutional investors who seek predictable and consistent returns. In fact, this was highlighted by the very strong interest and demand from investors with a quick turnaround from announcement to pricing.

"This placement represents consistent demand for our asset-backed program," said David M., JGWPT's Chief Executive Officer. "Along with the $575 million senior secured debt placement and $216 million asset-backed securitization executed earlier this year, this transaction provides increased capital and continued access to the fixed income markets for funding purposes."


 

JGW Bulks up CRM Effort

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JGWPT Holdings, LLC has made important personnel additions to its ongoing customer relationship management (CRM) program. The new team has been tasked with adding more data to the platform.

According to David H., analytics manager, “Harnessing all the information we manage throughout the marketing, sales, underwriting and disbursement processes will have a significant and positive long term impact on the company and its customers.

According to David H., marketers and account representatives can now ask complex questions about customer needs and see what the data has to say about them. “Decisions,” he says, “are going to get increasingly smarter.”

JG Wentworth Reviews

3.2
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Recommend to a friend
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Stewart A. Stockdale
30 Ratings
  • "Good Company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Account Executive in Radnor, PA
    Current Employee - Senior Account Executive in Radnor, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at JG Wentworth full-time (More than 5 years)

    Pros

    Nice new space, great area, really good benefits including an amazing parental leave benefit. Competitive, fun environment with great people.

    Cons

    We hoped to move into the new facility sooner.

    Advice to Management

    Keep the upward trajectory moving! Looking forward to the gym!

See All 76 Reviews

JG Wentworth Photos

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JG Wentworth Interviews

Experience

Experience
50%
8%
41%

Getting an Interview

Getting an Interview
38%
30%
23%
7

Difficulty

2.3
Average

Difficulty

Hard
Average
Easy
  1.  

    Underwriter Interview

    Anonymous Employee in Philadelphia, PA
    Accepted Offer
    Negative Experience
    Easy Interview

    Application

    I applied through a staffing agency. The process took 1 day. I interviewed at JG Wentworth (Philadelphia, PA).

    Interview

    The hiring process was through a recruiting agency. The process was very fast. I went in for an interview in the morning and spoke with two senior managers. It was very conversational and we discussed training and the scope of the underwriting position.

    That afternoon I got an offer. I accepted. The next day, however, I got terrible news that because they're "expanding" and moving to a new building, HR decided overnight that my position was no longer offered, and rescinded my offer.

    I had a bad gut feeling after reading Glassdoor and Indeed reviews, but chose to ignore them because it seemed like a good opportunity. My advice? Run far, far away, as everyone else's reviews suggest. This company is cut throat and doesn't care about you.

    Interview Questions

See All 13 Interviews

JG Wentworth Awards & Accolades

  • Top Intern Employers, CollegeGrad, 2009
  • Top Entry Level Employers, CollegeGrad, 2009
  • Top Intern Employers, CollegeGrad, 2008
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